ETH Whale: $46M Loss on $225M Long Position

ETH whale tied to four addresses just erased a prior $44.61 million profit on the same long, now sitting on a $46.01 million floating loss across a $225 million position in 120,000 ETH.

The entity added $4.9 million margin this morning yet remains roughly $300 from the lower edge of its liquidation band at $1,355.8-$1,573.9.

Price action on the 4h chart shows ETH trading at $1,880.23 inside the Bollinger band with EMA50 at $1,999.39 and EMA200 at $2,141.92 acting as overhead resistance; the MACD death cross at -39.99 confirms bearish momentum while RSI at 33.14 leaves room for further downside before any bounce to the 50-EMA support zone.

Large ETH leveraged long positions liquidation history and crypto whale perpetual futures behavior near liquidation both point to repeated capitulation clusters whenever BTC breaks key levels, directly shaping current ETH price prediction models.